Finco Utilitas
Finco Utilitas is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €681k and a net result of €283k. Equity is growing by ~85.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 231 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €681k |
| Net result | €283k |
| Staff (FTE) | 3 |
| Better than sector | 5% |
Mixed profile: strong on stability, weaker on solvency.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 0.0% | 53.5% | |
| Net result | €283k | €62k | |
| Equity | €681k | €4.01M | |
| Staff costs | €328k | €345k | |
| Employees (FTE) | 3.0 | 3.0 |
Show 4 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €283k |
| Cash flow | n/a |
| Staff costs | €328k |
| Income taxes | €106k |
| Dividends | - |
| Total assets | €1.56B |
| Equity | €681k |
| Debt | €1.56B |
| of which ≤ 1y | €284.55M |
| of which > 1y | €1.25B |
| Working capital | n/a |
| Employees (FTE) | 3.0 |
| 2025 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 0.0% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 0.0% |
| ROE | 41.5% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
Full annual accounts (24 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.56B |
| Fixed assets | 21/28 | €26k |
| Tangible fixed assets | 22/27 | €26k |
| Current assets | 29/58 | €1.56B |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €38.95M |
| Cash & bank | 54/58 | €262.14M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.56B |
| Equity | 10/15 | €681k |
| Contributions / capital | 10/11 | €1k |
| Reserves | 13 | €679k |
| Accumulated profits (losses) | 14 | €996 |
| Amounts payable | 17/49 | €1.56B |
| Amounts payable after one year | 17 | €1.25B |
| Amounts payable within one year | 42/48 | €284.55M |
| Trade debts payable within one year | 44 | €4.03M |
| Income statement | ||
| Turnover | 70 | €11.23M |
| Operating result | 9901 | €8.55M |
| Financial income | 75 | €57.05M |
| Financial charges | 65 | €65.21M |
| Result before taxes | 9903 | €389k |
| Income taxes | 67/77 | €106k |
| Net result for the period | 9904 | €283k |
| Result to be appropriated | 9905 | €283k |
| NACE primary | Overige kredietverstrekking n.e.g.(64929) |
| Legal form | Private limited company(610) |
| Incorporation | 30-08-2023 |
| Status | Active |
| Postal code | 9140 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B0483/00C000 | Flanders | 4,312 m² | 1 · 1,178 m² | 21.0 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
12-12-2024 2 directors appointed, 1 resigning
- KPMG Bedrijfsrevisoren BV/SRL, Commissaris
- Tom Vendelmans, Gedelegeerd bestuurder
- Moore Audit BV, Commissaris
Technical details
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"evidence_quote": "De Algemene Vergadering ontslaat met onmiddellijke ingang Moore Audit BV van haar opdracht als commissaris.",
"decharge_status": null,
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{
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"evidence_quote": "De algemene vergadering stelt KPMG Bedrijfsrevisoren BV/SRL (B00001), Luchthaven Brussel Nationaal 1K te 1930 Zaventem (hierna \u0022KPMG\u0022) aan, als commissaris voor een termijn van 3 jaren, voor de controle van jaarrekening van Grondbalans BV voor de boekjaren afgesloten op 30 september 2024, 2025 en 20",
"decharge_status": null,
"mandate_duration": {
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{
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"person": {
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"evidence_quote": "KPMG heeft de heer Tim Vermeiren (IBR Nr. A02567), bedrijfsrevisor, aangeduid als vaste vertegenwoordiger.",
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{
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"evidence_quote": "De Algemene Vergadering ontslaat met onmiddellijke ingang Moore Audit BV van haar opdracht als commissaris.",
"decharge_status": "granted",
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"effective_date_qualifier": null
},
{
"kind": "delegation_dagelijks_bestuur_in",
"role": "Gedelegeerd bestuurder",
"person": {
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"name": "Tom Vendelmans",
"address": null,
"birth_date": null,
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},
"reason": null,
"subkind": null,
"via_org": {
"kbo": null,
"name": "Servmot BV",
"address": null,
"country": null,
"legal_form": null
},
"statutory": null,
"compensated": null,
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"evidence_quote": "Servmot BV Gedelegeerd bestuurder vast vertegenwoordigd door Tom Vendelmans",
"decharge_status": null,
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}
],
"notary": {
"name": null,
"firm_city": null,
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"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-12-12",
"filing_date": "2024-12-03",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2024-09-12",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0805.251.141",
"name_full": "Finco Utilitas",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "none",
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}25-01-2024 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Veronique HULPIAU",
"firm_city": null,
"firm_name": "Deckers Notarissen",
"office_city": "Antwerpen",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-25",
"filing_date": "2024-01-23",
"act_kind_objet": "STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN)"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2023-09-29",
"unanimous": true
},
"agm_change": null,
"detected_kind": "other_address_change",
"other_address": {
"action": "modified",
"purpose": "statutaire_zetel",
"address_new": "9140 Temse, Haverheidelaan 12 (Vlaams Gewest)",
"address_old": "1170 Watermaal-Bosvoorde, Terhulpsesteenweg 166 bus 25 (Brussels Gewest)",
"effective_date": "2023-09-29",
"effective_date_is_approximate": false
},
"mandate_renewal": null,
"subject_company": {
"kbo": "0805.251.141",
"name_full": "FINCO UTILITAS",
"legal_form": "BV"
},
"accounts_deposit": null,
"publication_proxy": {
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},
"co_filed_documents": [
"afschrift van de akte",
"geco\u00F6rdineerde tekst van de statuten en historiek van de statutenwijzigingen"
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}27-10-2023 Registered office moved from Watermaal-Bosvoorde to Temse
- Terhulpsesteenweg 166 bus 25, 1170 Watermaal-Bosvoorde → Haverheidelaan 12, 9140 Temse
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Haverheidelaan 12, 9140 Temse",
"city": "Temse",
"region": "vlaams_gewest",
"street": "Haverheidelaan",
"country": "BE",
"postcode": "9140",
"box_number": null,
"street_number": "12",
"locality_suffix": null
},
"old_address": {
"raw": "Terhulpsesteenweg 166 bus 25, 1170 Watermaal-Bosvoorde",
"city": "Watermaal-Bosvoorde",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Terhulpsesteenweg",
"country": "BE",
"postcode": "1170",
"box_number": "25",
"street_number": "166",
"locality_suffix": null
},
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"evidence_quote": "",
"region_changed": true,
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"old_address_source": "header_volledig_adres",
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"statute_article_number": null,
"effective_date_qualifier": "immediate",
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}
],
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},
"act_meta": {
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},
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},
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},
"publication_proxy": {
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"person_name": "Susana Gonzalez Melon",
"org_rep_person_name": null,
"person_role_at_subject": "Bijzondere gevolmachtigde"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad"
]
}| Legal nameNL | Finco Utilitas |